Turn Your Invoices Into Cash

You work hard for your business. Turn tomorrow’s invoices into cash today with ei Funding.

Ready to unlock the cash you need for your invoices? See if you qualify for factoring by filling out this brief form to start your application.

ei Funding hero using invoice factoring

Application Signup

Fill out the short form to begin your application process.

How to Apply for Factoring with ei Funding

Factoring is one of the most long-standing forms of finance for businesses like yours. With ei Funding, it’s easy to apply and get the cash you need for your invoices.

Here’s how to apply:
  1. Fill out the quick form at the top of this page and you’ll be taken to our secure financial online portal.
  2. Complete a few more questions about your business and your needs.
  3. We’ll contact you within 1 business day to discuss your application and how we can help you access the cash you need.
Apply Now
Woman with computer smiling at man
Factoring | Purchase Order Financing | Debt Consolidation | Ei Funding

How the Factoring Application Process Works

Before you start your secure online application, we recommend that you gather all your important business documents and personal information.

This includes documentation like driver’s license(s), Social Security number(s), legal form of the business, the state of formation, articles of incorporation, and your business tax I.D.

You’ll also need several financial documents from your business that account for at least two years:

  • Balance sheets
  • Profit and loss (P&L) statements
  • Corporate tax returns
  • Three months of bank statements

Once you complete the application, we’ll contact you within 1 business day to see how we can help you and your business.

If you have any questions about the application process, please contact us at 407-734-4155.
Apply Now


Your success is our success! We’re here to support you by giving you access to the cash your business needs today to help you grow tomorrow.

tarek kanaan

We’ve worked with Ernane since last Spring. He’s helped us immensely as far as our cash flow. It’s been a real game-changer, honestly. He’s been keeping things going for us. I wish we had known about Ernane sooner in our business cycle, it would have been really helpful.

He’s asked “Do you guys need money? What can I do for you?” He’s met us face-to-face and given us that personal touch.

He’s a very friendly person and I definitely recommend him to any business owner.

Manny ramirez

Before we started working with Ernane, it was horrible. It was hard to get invoices on time and in correctly and there was just no feedback from our bigger clients.

Once we started working with him, we were able to establish a rapid and ready turnaround. I had the funds available when I needed it and a faster turnaround in payment to our contractors.

Ernane is very personable, very intuitive and really works hard. He’s just a great guy to do business with. He’ll tell you how it is and he’s been there when we needed him.

Manny Ramirez, R&R Texram LLC

If it wasn’t for Ernane, I’m not sure where I’d be right now with my business.

He’s on top of everything. I can hire more technicians now and I’ve grown the business by about 20 percent. I have no words to describe how much he’s helped me and how he’s helping my business grow. I definitely recommend working with him to anybody. Once they see how on-point he is, they’ll love him.”

James Quiles, Owner, A&J Telecommunications, LLC
blue integration logo

If we didn’t go through Ernane, we would have had to wait 30 days before our first check came. After we started working with him, we were able to pay our employees on a regular basis. Otherwise, we would have had to have them wait.

This is one of the best funding companies. Ernane’s customer service is over the top. He goes above and beyond… he’s been a real pleasure to work with.

If you want someone that’s dependable and consistent, I definitely recommend him.

Sylvia Troyer, Office Manager, Blueintegration, LLC
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When I first started working with Ernane, I had the concept for my business and a really strong pipeline, but I was in a really delicate balancing act between accounts payable and accounts receivable, operations costs and cash flow.

Ernane has helped me every step of the way with capital for my business. He’s been a part of my growth and I can trust him and know that I’m going to get the value. The money’s going to be there. At the end of the day, I win.

He’s just trustworthy. We speak, we understand each other. He’s just someone I want to do business with. It just makes sense to work with him.

How Does ei Funding Compare to Other “Big Box” Financing?

When it comes to business financing, it’s great to know that there are many different options out there to choose from to help get you the cash you need quickly. The problem is that not all of these financing options are created equally — in fact, many can end up costing you significantly more than others in the long run.

To help you make the best decision on which option is best for your company, check out our “Big Box” Funding Companies vs. ei Funding chart below, allowing you to easily compare business financing options from both “big box” funding companies and boutique companies like ei Funding.

“Big Box” Financing Options vs. Invoice Factoring

Maximum Capital Available

Maximum Capital Available

(How much money can I access?)

Cost And Fees

Costs and Fees

(What charges are typically involved?)

Application Process

Application Process

(How do I apply and how long does approval take?)

Turnaround Time

Turnaround Time

(How soon will I receive my funds?)

Credit Criteria

Credit Criteria

(What does my credit need to look like?)

Repayment Terms

Repayment Terms

(When do I have to pay the money back?)

Invoice Factoring from ei Funding

  • 80 – 90% of Your Unpaid Invoices
  • Small Fee Per Invoice (a.k.a. the “discount rate”; no APR or hidden fees)
  • Online Application + Quick Approval Process (we’ll contact you within 1 business day to discuss your needs)
  • Rapid Funding (often the same day as approval)
  • High Credit Score Not Required
  • N/A (invoice factoring isn’t a loan and the invoice advances are paid by your Customer, not by you)

Bank Loans

  • Average SBA Loan = $350,000 (other loans range from $5,000 to $500,000, depending)
  • Application Fee
  • Origination Fee
  • Guaranty Fee
  • Monthly
  • Annual Fee
  • Late-Payment Fee
  • Prepayment Penalties
  • Other Potential Fees
  • Online Application + Lengthy Approval Process (can take up to 2 or 3 months to get approved)
  • Between 14 and 90 Days
  • Higher Credit Scores Required (generally, 730 or higher)
  • 3 months – 25 years, depending on the loan type

Credit Cards

  • Average Credit Limit of ~ $6,000 (+ interest, if not paid within the designated pay cycle)
  • Average Cash Advance of 30 – 50% of Overall Credit Limit, Depending on the Credit Card
  • Credit Cards Will Never Furnish All Your Working Capital Needs (limits are based on your credit worthiness, and once reached, are difficult to surpass until paid down)
  • Annual Fee
  • Balance Transfer Fee
  • Cash Advance Fee
  • Foreign Transaction Fee
  • Interest Charges
  • Late-Payment Fee
  • Over-the-Limit Fee
  • Returned Payment Fee
  • Online Application  + Quick Approval Process (often within seconds of submitting)
  • ASAP (via ATM withdrawal, in-person withdrawal from bank or a cash advance convenience check)
  • Higher Credit Scores Preferred (generally, 670 or higher)
  • Anytime (but the longer you have an outstanding balance, the more interest you will accrue)

Invoice Financing (Competitors)

  • ~ 80% of Your Unpaid Invoices
  • Small Fee (typically 1 – 3% per month)
  • Typically Include Hidden Fees which include minimum monthly amounts, manual processing of invoices, minimum discount fee per invoice below certain invoice amounts, and others
  • Online Application + Quick Approval Process (can be approved and receive funding as quickly as 24 hours, depending)
  • 1 – 5 Days
  • Requirements Vary (some do not have a minimum requirement, others may require a minimum score of 600)
  • N/A (invoice financing isn’t a loan because it’s your money to begin with, so no repayment terms are needed)

Merchant Cash Advances

  • Average MCA Amount = $5,000 – $500,000
  • 30 – 50% More Than the Principal Amount
  • Daily Payments (drafted from your business account daily based on a predetermined amount by the MCA company)
  • Online Application + Relatively Quick Approval Process (typically, a response is provided in one or two business days)
  • As Soon As 48 Hours
  • None or Very Low (a good credit score not required as approval is based on your business’s ability to pay back the loan from future revenue)
  • Typically Between 3 – 10 Months
  • Payments Drafted Daily (from your business account)
  • MCA Companies Employ a “Consent of Judgement” Clause (this is where if payments are not made, a default judgement is automatically entered against your small business)

Frequently Asked Questions

Factoring is one of the oldest models of business financing. You sell an invoice to a third party, or “factor,” who advances you a percentage of the invoice’s value. Your customer pays the balance of the invoice to the factor, who then gives you the remainder, minus a small fee.

You can expect an advance of 80-90 percent of the invoice’s value. At ei Funding, our rates are upfront and transparent with no hidden fees or surprises.

No, it isn’t. With invoice factoring, you don’t need to worry about a 10-year payback and monthly payments like a term loan. The money the factor advances you is from your own invoices, and each advance is paid off when your customer pays you 30 – 45 days later. Invoice factoring is a short-term financing solution that grows along with your company, providing it the working capital it needs today.

You’ll need to provide us with copies of: 

  • Bank statements
  • Articles of incorporation
  • Corporate tax returns
  • Balance sheets
  • Profit and loss statements
  • Driver’s license(s)
  • Business tax I.D.
  • Social Security number(s)

Our secure portal will save your application progress, so it’s no problem if you need to leave and come back to it later.

Once you submit your invoice factoring application, we’ll review it and contact you within 1 business day to see how we can help you and your business.

Apply Now
Have more questions? Please contact us at 407-734-4155 or via our Contact page.